Dublin, May 06, 2025 (GLOBE NEWSWIRE) -- The "Horizontal Directional Drilling (HDD) - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Horizontal Directional Drilling (HDD) was valued at US$10.8 Billion in 2024 and is projected to reach US$16.4 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The report includes the most recent global tariff developments and how they impact the Horizontal Directional Drilling (HDD) market.
What Factors Are Driving the Growth in the Horizontal Directional Drilling Market?
The growth in the horizontal directional drilling market is driven by several factors, including increasing infrastructure development, technological advancements in drilling equipment, and the growing demand for minimally invasive utility installation methods.
As urbanization continues and governments invest in upgrading infrastructure, the need for efficient installation of underground utilities has increased, fueling demand for HDD technology. Technological innovations in HDD systems, such as improved steering and real-time monitoring, have enhanced the precision and efficiency of drilling operations, making HDD more accessible for a broader range of projects.
Additionally, environmental concerns and regulatory requirements have driven the adoption of HDD as a preferred method for installing pipelines and cables without causing significant surface disruption or ecological damage.
Report Scope
The report analyzes the Horizontal Directional Drilling (HDD) market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.
Segments:
- Machine Part (Rigs, Pipes, Bits, Reamers, Other Machine Parts)
- End-Use (Oil & gas Excavation, Utility, Telecommunication, Other End-Uses); Application (Onshore, Offshore)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Rigs segment, which is expected to reach US$9.2 Billion by 2030 with a CAGR of a 7.3%. The Pipes segment is also set to grow at 5.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2.8 Billion in 2024, and China, forecasted to grow at an impressive 10.9% CAGR to reach $4.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as American Augers, Inc., Barbco, Inc., Creighton Rock Drill Ltd., Direct Horizontal Drilling, Inc., Ditch Witch and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 92 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $10.8 Billion |
| Forecasted Market Value (USD) by 2030 | $16.4 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Tariff Impact on Global Supply Chain Patterns
- Global Economic Update
- Horizontal Directional Drilling (HDD) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Demand for Trenchless Technology in Utility Installation Spurs HDD Market Growth
- Rising Focus on Reducing Environmental Impact Propels Adoption of HDD
- Growing Need for Replacing Aging Underground Utilities Drives Demand for HDD Solutions
- Advancements in Drill Head and Tracking Technology Enhance the Efficiency of HDD Operations
- Rising Use of HDD in Oil & Gas Pipeline Installation Strengthens the Business Case for HDD
- Expansion of Fiber Optic Network Installation Propels HDD Market Demand
- Technological Innovations in Horizontal Drilling Tools Drive Market Innovation
- Growing Demand for HDD in Urban Infrastructure Projects Expands Market Opportunities
- Expansion of Renewable Energy Projects, Including Wind and Solar, Drives HDD Demand
- Increasing Focus on Minimizing Surface Disruption During Utility Installation Strengthens HDD Adoption
- Growth in Water and Sewer Infrastructure Projects Generates Demand for HDD Technology
FOCUS ON SELECT PLAYERS
- American Augers, Inc.
- Barbco, Inc.
- Creighton Rock Drill Ltd.
- Direct Horizontal Drilling, Inc.
- Ditch Witch
- Ellingson Companies
- Ferguson Michiana, Inc.
- Herrenknecht AG
- Laney Directional Drilling Co.,
- McCloskey International
- McLaughlin Group, Inc.
- Nabors Industries Ltd.
- Toro Company
- UEA
- Vermeer Corporation
For more information about this report visit https://www.researchandmarkets.com/r/k7spop
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